Chemring Group PLC (OTCMKTS:CMGMF) Stock Short Interest Report for October

Chemring Group PLC (OTCMKTS:CMGMF) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 12,917 shares, a growth of 600.5% from the September 30th total of 1,844 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Chemring Group Price Performance

Shares of Chemring Group stock opened at C$7.00 on Tuesday. The stock has a 50-day moving average price of C$7.35 and a 200 day moving average price of C$7.22. Chemring Group has a 1 year low of C$5.95 and a 1 year high of C$8.59.

About Chemring Group

Chemring Group plc is a United Kingdom-based defense and security company that develops and manufactures specialized technologies for military and government customers. Its activities are organized primarily around sensors and information, countermeasures, and energetics.

The company supplies systems and equipment used for threat detection, electronic warfare, missile warning, signature management, and battlefield protection. Its products also include aircraft and naval countermeasures, pyrotechnic devices, propellants, warheads, and other energetic materials used in defense applications.

Chemring serves customers in the United Kingdom, the United States, and other allied countries through a network of operating companies and international facilities.